Business Tech
Toyota CEO Channels Trump Spirit at NASCAR, Announces Nearly $1 Billion US Investment
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Toyota is making a major push into American manufacturing after CEO Akio Toyoda drew global attention by appearing at a NASCAR event in Japan wearing a
Business Tech
xAI’s Valuation Soars to $230 Billion as Elon Musk Eyes $15 Billion Funding Round
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Elon Musk’s artificial-intelligence startup, xAI, is reportedly in advanced talks to raise $15 billion in fresh funding, bringing the company’
Business Tech
Apple Faces Another Design Exit as iPhone Air Innovator Joins Unnamed AI Startup
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The talent exodus from Apple is not confined to its AI research teams. Though top engineers and AI researchers have started to leave the tech giant to
Business Tech
Tesla Avoids Class Action in Racial Harassment Suit Citing Unwilling Worker Testimony
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Tesla has won a major legal break after a California judge ruled that more than 6,000 Black employees at the company’s main assembly plant cannot
Business Tech
Google and Disney Restore ESPN and ABC Access After YouTube TV Blackout Fallout
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Google and Disney have finalised a new distribution agreement that restores ESPN, ABC and dozens of Disney-owned channels to YouTube TV, ending a brief
Business Tech
Verizon to Transform 180 Stores into Franchises, Cutting Thousands of Jobs
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Verizon announced plans to cut at least 15,000 jobs and convert 180 company-owned stores into franchises, marking the largest downsizing in the telecom giant’
Business Tech
Ubisoft Delays Half-Year Results, Sparks Investor Speculation as Shares Halted on Euronext
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Ubisoft surprised investors on Thursday after announcing that it would delay its half-year financial results only minutes before they were expected to be released.
Business Tech
Morgan Stanley Rings the Alarm on Bitcoin’s Fall—Could the Crash Get Worse?
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Bitcoin slipped to around $103,000 (£78,500) this week, deepening concerns that the world’s largest cryptocurrency may be entering a more turbulent phase.
Business Tech
Ford CEO Jim Farley Warns Tesla’s Glory Days Are Numbered — and China’s EV Machine Is to Blame
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Ford CEO Jim Farley has issued one of his most pointed warnings to date about the future of the global electric vehicle market, suggesting that Tesla’
Business Tech
Amazon Lays Off Nearly 700 Corporate Employees in New York City
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Amazon has confirmed it is cutting nearly 700 corporate jobs across its New York City offices as part of a larger company-wide restructuring.